Operator News
US – Red Rock Resorts up by 17 per cent as casinos reopen
By Phil - 3 November 2021
With most of its casinos now open, Red Rock Resorts generated net revenues of $414.8m for the third quarter of 2021, an increase of 17 per cent, or $61.6m, from $353.2m for the same period of 2020.
Net income was $117.9m for the third quarter of 2021, an increase of 64 p or $45.9m, from $72m for the same period of 2020. During the third quarter the company continued to operate its Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station properties, together with its Wildfire Properties, while Palms Casino Resort, Texas Station, Fiesta Rancho and Fiesta Henderson remained closed during the quarter.
Net revenues from Las Vegas operations were $412.7m for the third quarter of 2021, an increase of 29 per cent, or $91.9m, from $320.8m in the same period of 2020.
